One United Properties Plans EUR 234 Million Investment in 2022
One United Properties Plans EUR 234 Million Investment in 2022
May 2022
One United Properties, a major Romanian real estate company, plans to invest EUR 234 million for the expansion on the local market. The company has 4 residential and 2 retail projects under development, with new projects being planned.
In August 2022, the company raised EUR 51.5 million for development in the largest share capital increase of a listed company. The capital raised will fuel the growth strategy of One United Properties, allowing the company to seize additional opportunities in the market. The new equity will be invested with priority in new residential developments located primarily in Bucharest. The company targets to invest the capital raised in ten new developments. The first agreements, for two locations based in Bucharest, were already signed in July 2022. The developments that will be built on those plots will host approximately 200 apartments and 900 apartments, respectively. The agreements for the remaining eight new developments are expected to be signed over the next 12 months.
May 2022
One United Properties, a major Romanian real estate company, plans to invest EUR 234 million for the expansion on the local market. The company has 4 residential and 2 retail projects under development, with new projects being planned.
In August 2022, the company raised EUR 51.5 million for development in the largest share capital increase of a listed company. The capital raised will fuel the growth strategy of One United Properties, allowing the company to seize additional opportunities in the market. The new equity will be invested with priority in new residential developments located primarily in Bucharest. The company targets to invest the capital raised in ten new developments. The first agreements, for two locations based in Bucharest, were already signed in July 2022. The developments that will be built on those plots will host approximately 200 apartments and 900 apartments, respectively. The agreements for the remaining eight new developments are expected to be signed over the next 12 months.
